Motor Industry News
MyCarCheck reveals the shocking truth: 1 in 6 cars have been written-off
MyCarCheck.com - the UK's No.1 vehicle provenance website - has saved millions of people from making an expensive used car mistake. Following a customer survey showing that 21% of people would consider buying a previously written-off vehicle, MyCarCheck has released new figures showing that 17.37% of all cars have been written-off.Table 1. MyCarCheck.com UK Write-off Data
Write-off category Brief description Number of records Cat A Extreme damage. Shouldn't be back on the road. 448,307 Cat B Significant damage. Shouldn't be back on the road but salvageable parts. 2,049,415 Cat C Repairable damage but repair costs exceed vehicle value. 3,889,630 Cat D Repairable damage but significant repair costs. 1,885,447 Total 8,272,799
* This relates to a Total Vehicle Pool (TVP) of 46,456,106
Please note: TVP of 46,456,106 is much higher than the Society of Motor Manufacturers and Traders total UK ball park figure of around 37m due to vehicles that are not currently taxed and registered but are still on the database (for example, cars that have come to end of their life or been exported).
**For more detailed category descriptions see
Source: CDL Vehicle Information Services (September 2011)
Roger Powell, Divisional Head at CDL Vehicle Information Services (which owns MyCarCheck.com), commented: "According to our data, which is respected throughout the industry for its accuracy, 17.37% of the Total Vehicle Pool are previous write-offs. That is one in every six vehicles, higher than the one in seven ratio which is often reported. If you add in 'outstanding theft' categories, the number of vehicles with some sort of insurance marker against them leaps to around one in four."